Macroeconomics
Erste: Romania’s Public Debt To Stay Below 37% Of GDP In 2018
Romania's public debt will stay below 37% of GDP and well below the 60% level set by the Maastricht criteria in the coming quarters, the Erste Group said in a CEE public debt research paper.
Ecofin Council: Romania Must Correct Significant Budgetary Deviation Until April 15, 2018
The Economic and Financial Affairs Council (ECOFIN) of the European Union found that Romania has failed to take effective action to correct a significant budgetary deviation and has set Apri...
Romania 3Q GDP Up 8.8% in Real Terms
Romania's third quarter gross domestic product was 8.8% higher in real terms compared with the third quarter last year, a second reading of the statistics board showed Tuesday.
Fast Economic Growth, Higher Household Debt Pose Risks to Stability - Central Bank
Romania's central bank on Monday warned the country's gross domestic product growth above potential and higher debt due to increased interest rates pose risks to the country's macroeconomic...
Romania Industrial Producer Prices Up 0.7% in October
Romania’s industrial producer price index grew 0.7% in October compared with September, data from the country’s statistics board showed Monday.
Romania Raises Minimum Gross Wage To RON1,900
The minimum gross wage will be raised to RON1,900 as of January 1, 2018, for an average work schedule of 166 hours per month, according to a decision adopted by the Romanian Government in it...
Romania Unemployment Rate at 4.9% in October
Romania's seasonally adjusted unemployment rate remained unchanged in October compared with September, at 4.9%, the country's statistics board said Wednesday.
Romania Posts Budget Deficit Of 0.79% Of GDP In January-October 2017
Romania's general consolidated budget posted a deficit of RON6.6 billion in January-October 2017, or 0.79% of the gross domestic product (GDP), finance ministry data showed Tuesday.
Confidence in Romanian Economy Drops in October for Fifth Month Running
Confidence in the Romanian economy declined in October compared with September, for the fifth month running, according to the Chartered Financial Analysts Association – Romania (CFA Romania)...